"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust."

One of the main criticisms of traditional, government-issued currencies is that they rely on trust in central authorities. Governments have a track record of debasing their currencies, either through inflation or outright currency manipulation, which undermines trust in the value of the currency. Bitcoin, on the other hand, is based on a fixed supply, with a maximum of 21 million coins that will ever be created. This creates a more predictable and stable monetary policy, which helps to build trust in the value of the currency.

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